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Star Bulk puts nine capesizes into new pool

Star Bulk Carriers has entered into a capesize vessel pooling agreement (CCL) with Bocimar International, Golden Ocean Group and C Transport Holding.

Lee Hong Liang, Asia Correspondent

February 18, 2016

1 Min Read
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Athens-based Star Bulk will put nine of its capesizes into the pool as part of the CCL fleet. In total, the CCL fleet will initially consist of 65 modern capesize vessels and will be managed in Singapore and Antwerp.

“Each vessel owner shall continue to be responsible for the operating, accounting and technical management of their respective vessels,” Star Bulk stated.

“Star Bulk expects to achieve improved scheduling ability through the joint marketing opportunity that CCL represents for its capesize vessels, with the overall aim of enhancing economic efficiencies,” it added.

About the Author

Lee Hong Liang

Asia Correspondent

Singapore-based Lee Hong Liang provides a significant boost to daily coverage of the Asian shipping markets, as well as bringing with him an in-depth specialist knowledge of the bunkering markets.

Throughout Hong Liang’s 14-year career as a maritime journalist, he has reported ‘live’ news from conferences, conducted one-on-one interviews with top officials, and had the ability to write hard news and featured stories.

 

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